Riyadh – Mubasher: Saudi Industrial Development Fund's (SIDF) board approved 20 loans at a value of SAR 567 million, with investment volume of SAR 1.48 billion in 9 cities and governors.
The board also approved four loans worth SAR 423 million to contribute to establishing three new industrial projects and expanding a current project with total investment of SAR 1.137 billion, SIDF director general, Abdulkarim Al Nafie said.
Last month, SIDF administrative committee confirmed 16 loans to a number of industrial projects, where 11 projects were allocated for the small enterprises at a value exceeded SAR 144 million and total investments reach SAR 342 million, according to a released statement.
